Additional Provisions for a Secured Deliverable Obligation Characteristic

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(published June 16, 2006 for 2003 Definitions and September 15, 2014 for 2014 Definitions)

The Additional Provisions for a Secured Deliverable Obligation Characteristic allow parties to incorporate into a confirmation a new optional Deliverable Obligation Characteristic “Secured.” The provisions are intended for use in credit default swap transactions where the Reference Entity is a high yield credit.

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Additional Provisions for a Secured Deliverable Obligation Characteristic

Additional Provisions for a Secured Deliverable Obligation Characteristic

Free downloads for Additional Provisions for a Secured Deliverable Obligation Characteristic (2)